Category:
Chavez says nobody can be allowed to call him a tyrant
CARACAS, July 22, 2007 (AFP) – Venezuela’s fiery socialist President Hugo Chavez on Sunday vowed to kick out foreigners who brand him a “tyrant,” after a Mexican politician spoke at a forum here on sensitive democracy issues.“No foreigner can come here to attack us.Anyone who does must be removed from this country,” Chavez said on […]
Fresh violence in Sri Lanka kills 10 people
July 23, 2007 (AFP) – At least nine Tamil Tiger guerrillas and a civilian were killed in fresh violence in Sri Lanka, the military and the rebels said Monday.Government forces shot dead four members of the Liberation Tigers of Tamil Eelam (LTTE) along the de facto border separating their areas of control in the Jaffna […]
Sri Lankan aid worker shot dead in Jaffna
July 23, 2007 (AFP) – A Sri Lankan aid worker employed by the Danish Refugee Council (DRC) was shot dead on Monday in the besieged government-held northern district of Jaffna, the charity said. “We are very shocked by this terrible event,” DRC representive Charles Macfadden said in a statement, adding that his group was unaware […]
Tamil Tigers still getting arms from Cambodia: report
PHNOM PENH, July 23, 2007 (AFP) – Tamil Tiger rebels are still getting weapons smuggled from Cambodia, which are fuelling spiraling unrest in Sri Lanka, a security journal reported.“Cambodia is one of the most significant single sources of weapons for the insurgent group,” Jane’s Intelligence Review said in a report published online last week, without […]
Sri Lanka central bank warns of higher inflation in July
July 23, 2007 (LBO) – Sri Lanka’s central bank has warned of higher inflation in July as authorities started to apply brakes on rising interest rates by expanding domestic assets of the banking system. Analysts say the reserve outflow, which is believed to be fiscally induced, picked up pace further in early July. Sri Lanka’s […]
Going Rural
July 22, 2007 (LBO) – ABC Investments, a new Sri Lankan Islamic investment group, plans to expand their business with branches outside the capital Colombo, especially in areas with large concentrations of Muslim people.The Islamic Takaful insurance concept has a growing customer base in Sri Lanka with Amana Takaful.The firm which provides Barakah Islamic financial […]
Small Cover
July 22, 2007 (LBO) – Sri Lanka should focus on giving insurance to the poor, regional experts in micro insurance say, with rural populations a largely untapped market. At present, insurance penetration in most South Asian countries is less than 10 percent, leaving over 90 percent of the market untapped. Two micro insurance specialists from […]
Former Bangladesh lawmaker gets 20 years for graft
DHAKA, July 22, 2007 (AFP) – A former Bangladeshi lawmaker was Sunday sentenced to two decades in jail by an anti-corruption court for illegally amassing more than a million dollars in cash and property, a government lawyer said.The court also ordered Abdul Wadud Bhuiyan’s property confiscated, public prosecutor Mosharraf Hossain Kazal said. “The judge in […]
Sri Lanka president rules out snap poll
July 22, 2007 (AFP) – Sri Lanka’s president has ruled out a snap parliamentary election to increase his slender majority, after battlefield success against the Tamil Tiger rebels boosted his government. President Mahinda Rajapakse said he was keen that the current parliament serve its full six-year term.It was elected in April 2004, while the president […]
‘s meet
July 22, 2007 (AFP) – A powerful bomb was found at a market along a road leading to a conference venue where Sri Lankan President Mahinda Rajapakse addressed workers from his Freedom Party Sunday, police said.The bomb weighing about eight kilograms (17.5 pounds) was hidden in a bag at the roadside market in the Colombo […]
Nobody Told
July 21, 2007 (LBO) – Sri Lanka’s terror finance sleuths said two former ministers who had made claims about money being paid to Tamil Tigers are yet to complain to the unit that is charged with probing terrorist finance. Officials said persons could report suspicious activity in writing or email if they were satisfied that […]
Sri Lanka offers state land to agribusiness in profit sharing deal
July 21, 2007 (LBO) – The Sri Lanka is ready to give free land to agribusiness companies for cultivation on a profit sharing basis, a government minister said Friday. Minister of Agriculture Hemakumara Nanayakkara said the government was keen to meet the long-standing request by agribusiness for land from the government. State Land “The private […]